Ask Question
10 April, 01:09

A bank offers a home improvement loan with simple interest at an annual rate of 12% j. t. borrows $14000 over a period of 3 years. how much will he pay altogather

+5
Answers (1)
  1. 10 April, 01:17
    0
    Interest = PRT/100

    I = 14000*0.12*3

    I=5040

    Add Interest to the Principal

    14000 + 5040

    = $19,040

    A is the answer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A bank offers a home improvement loan with simple interest at an annual rate of 12% j. t. borrows $14000 over a period of 3 years. how much ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers